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Showing 51 - 60 of 4609 results for "Rest"

Insignia Financial names chief executive

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
Scott Hartley will succeed Renato Mota as chief executive of Insignia Financial, effective March 1. The appointment follows weeks of speculation, during which time Hartley was tipped most likely to nab the role. It will be a return of sorts for Hartley ...

Aware Super restructures executive team

ANDREW MCKEAN  |  WEDNESDAY, 7 FEB 2024
Aware Super will execute an executive reorganisation, adding an expanded chief operating officer role. Ex-HESTA chief financial officer Sally Collins will become the new chief operating officer of Aware Super, starting April 15. Incumbent chief operating ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 4.35% on the back of positive inflation data in its first meeting for 2024. Despite inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Several major superannuation funds such as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
Annual inflation in December 2023 was 4.1%, down from 5.4% the previous quarter, but still above the Reserve Bank of Australia's (RBA) 2-3% target band. This marks the fourth consecutive quarter of declining annual inflation, down from a peak of 7.8% ...

GCI welcomes investment director

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
Robert Grajczyk will join the private credit funds specialist as investment director of its real estate capital solutions team. Global Credit Investments' (GCI) real estate offering, which launched in October, specialises in delivering credit solutions ...

ETFs reigned supreme in 2023: Superhero

CHLOE WALKER  |  WEDNESDAY, 31 JAN 2024
... Fortescue (FMG) and BHP (BHP). When it came to the states, Tasmania and the Northern Territory deviated slightly from the rest of the country, with Gold Hydrogen Ltd (GHY) and Core Lithium (CXO) taking pole position, respectively. "Younger investors ...

500 jobs to be axed at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... said. "Although our business model benefits from the diversification that comes from operating three businesses, we will not rest until all of them are contributing strongly to group profitability..." The group significantly shaved its local headcount ...

Gen Zs now 'loud budgeting': Research

CHLOE WALKER  |  MONDAY, 22 JAN 2024
Research by NAB shows Gen Z is embracing the latest TikTok trend and cutting back on their spending, saving an average of $450 a month. New NAB Economics consumer sentiment data has revealed more than half (56%) of Gen Z and younger Australians are ...

Standalone laws key to solving legislative 'porridge': ALRC

JAMIE WILLIAMSON  |  FRIDAY, 19 JAN 2024
... fundamental norms of behaviour underpinning the legislation." This involves separating the financial services legislation from the rest of the Corporations Act to create a standalone Financial Services Law rulebook. The ALRC said provisions should have ...